Overview
What is Impact Foundry?
Impact Foundry, established in 1989, serves as a vital resource center for nonprofit organizations, supporting them throughout their organizational life cycle. Based in Sacramento, California, it provides strategies for success in various areas such as board development, staff development, finance, volunteer management, and philanthropy. The organization offers seminars, workshops, and training programs, engaging over 2,000 nonprofit members annually. Impact Foundry also provides strategic planning facilitation, hosts network sessions, and offers extensive online resources. With a small team of full-time and part-time staff, along with volunteer and pro bono trainers, Impact Foundry aims to enhance the resources and improve the management of nonprofits primarily within California's Northern Central Valley and Sierra Nevada regions.
Official website here: www.impactfoundry.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
Impact Foundry has received a Two-Star rating from Charity Navigator, indicating that while it demonstrates strong accountability and financial practices, there are significant areas that require improvement. The organization has achieved a perfect score in accountability measures, with all board members being independent and policies in place for conflict of interest and whistleblower protections. However, the lack of financial statements has heavily impacted its overall score.
The organization does have a solid financial structure, with a liabilities to assets ratio of 34.26%, indicating a manageable level of debt compared to its assets. Additionally, a program expense ratio of 60.17% suggests that a majority of its expenses are directed toward its mission-related activities, although this is considerably lower than what is typically expected for nonprofits, where higher ratios are preferred.
Despite its strengths in governance and financial practices, the significant absence of financial statements raises concerns about transparency. The nonprofit will need to address these financial reporting gaps to enhance its credibility and improve its rating in the future. Overall, while Impact Foundry shows promise in certain areas, potential donors and supporters may wish to consider these limitations before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Impact Foundry legitimate?
Impact Foundry is a legitimate nonprofit organization registered as a 501(c)(3) entity. Impact Foundry submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $120,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $332,895
For more financial information, click here
Official website here: www.impactfoundry.org
What is the mission statement of Impact Foundry?
Impact Foundry's mission is to enhance the resources and improve the management of nonprofit organizations primarily within certain regions. Specifically, it focuses on California's Northern Central Valley and Sierra Nevada regions. The organization provides strategic guidance and educational resources to support various aspects of nonprofit management, such as board development, staff development, finance, volunteer recruitment, and philanthropy. Through classes, seminars, workshops, and annual conferences, Impact Foundry engages thousands of nonprofit members, offering educational contact hours and strategic planning facilitation services. The organization also provides information and support through its resource center, with both in-person and online resources. Its work is primarily carried out by a small team of staff, volunteers, and pro bono trainers and consultants.
Official website here: www.impactfoundry.org
Who is the CEO of Impact Foundry?
Gordon Fowler is the Board Co-Cha of Impact Foundry.
Official website here: www.impactfoundry.org
What is the revenue of Impact Foundry?
Impact Foundry's revenue in 2022 was $771,583.
Official website here: www.impactfoundry.org
Who are the executives of Impact Foundry and what are their salaries?
The average compensation at Impact Foundry during 2022 was $45,290. There are 10 employees at Impact Foundry.
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Official website here: www.impactfoundry.org
Where can I find the form 990 for Impact Foundry?
Impact Foundry's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.impactfoundry.org
Learn more at the official website: www.impactfoundry.org
Mission Statement of Impact Foundry
Impact Foundry, originally known as the Nonprofit Resource Center, has a mission to enhance the resources and improve the management of nonprofit organizations primarily in California's Northern Central Valley and Sierra Nevada regions. Their primary objective is to aid these nonprofits at various stages of their organizational life cycle, providing strategies for success in areas such as board development, staff development, finance, volunteer recruitment and management, and philanthropy.
The organization offers a range of services and programs to achieve this mission. These include essentials of board leadership, strategic planning, generative board training, introduction to cost allocation plans, uniform guidance, certified sustainable program, strategic collaboration program, finance 101 for executives, volunteer recruitment and management, core mission support, and annual conference, among others. Impact Foundry also provides grants boot camp, seminars on various aspects of nonprofit management, finances, and leadership, technical assistance knowledge, and specialized reference and lending libraries and online resources.
Impact Foundry's services have been utilized extensively, with over 2,000 nonprofit board members, management and staff, volunteers, and supporters collectively engaging in their educational programs, representing an average of 10 educational contact hours per participant. The organization has also offered more than 800 hours of strategic planning facilitation and services to nonprofit board members, executive and management staff. Additionally, they have hosted 10 nonprofit network sessions attended by 600 nonprofit chief executives and management staff, board members, and business supporters. Impact Foundry's resource center has served as a vital source of information and support for 1,300 people through visits and calls, with an additional 800 people receiving assistance online. The organization operates with a small team of full-time and part-time staff, as well as volunteers and pro bono trainers and consultants.
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Impact
July, 2024
Impact Foundry's impact is evident through its extensive efforts to enhance the resources and improve the management of organizations, primarily within California's Northern Central Valley and Sierra Nevada regions. Since 1989, Impact Foundry has been dedicated to helping organizations succeed across all stages of their organizational life cycle. Through various programs like board development, staff development, strategic collaboration, finance education, and technical assistance knowledge, Impact Foundry has provided valuable resources, tools, and information for better strategic decision-making.
The numbers speak for themselves - Impact Foundry has offered 100 classes, seminars, workshops, and produced an annual conference, engaging over 2,000 board members, management and staff, volunteers, and supporters. This has resulted in a total of 20,000 educational contact hours provided. Additionally, Impact Foundry has provided more than 800 hours of strategic planning facilitation and services to board members, executive, and management staff. The organization has also hosted 10 networking sessions attended by 600 chief executives and management staff, board members, and business supporters.
Furthermore, Impact Foundry's resource center has been a valuable hub for information and support, with 1,300 people relying on it for assistance through visits and calls, and an additional 800 people receiving help online. All of this impactful work has been achieved with a small team of dedicated staff, volunteer resources, and pro bono trainers and consultants. Overall, Impact Foundry's commitment to enhancing and supporting organizations in the region has made a significant difference in community improvement efforts.
This information is meant to be a general summary of Impact Foundry. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5
- Program Service Revenue: $391,590
- Gross Receipts: $771,583
Assets and Liabilities:
- Total Assets: $65,377
- Total Liabilities: $56,884
- Net Assets: $8,493
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTS AND SPONSORSHIPS
Revenue
$246,404
PROGRAM SERVICE REVENUE
Revenue
$125,722
SPECIAL EVENTS
Revenue
$19,464
Organization Details
Founding Year
1989
Phone
(916) 569-8555Principal Officer
Gordon Fowler
Main Address
2030 WEST EL CAMINO AVENUE STE 210, SACRAMENTO, CA, 95833
Website
www.impactfoundry.orgNTEE Category
Code: S50 - Community improvement
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